Coherent Evaluates Strategic Alternatives for Its Advanced Lithium-인기있는바카라사이트 Battery Recycling Technology

PITTSBURGH, Dec. 12, 2024 (GLOBE NEWSWIRE) – Coherent Corp. (NYSE: 인기있는바카라사이트HR), a global leader in materials, networking, and lasers, today announced that as a result of an ongoing strategic portfolio assessment, the company will evaluate strategic alternatives for its Streamlined Hydrometallurgical Advanced Recycling Process (SHARP™) technology to efficiently recover and recycle critical metals from lithium-ion batteries (LiBs).

With the increasing global demand for LiBs, driven by electric vehicles, energy storage systems, electronics, and other applications, the recycling of end-of-life LiBs is more critical than ever. SHARP™ technology addresses this challenge by enabling the production of cathode precursors and materials suitable for new LiB production directly from LiB waste. Unlike traditional hydrometallurgical processes, SHARP eliminates the need for extensive critical metal separation and purification steps.

The benefits of the SHARP technology include:

• High Re인기있는바카라사이트very Rates: 97% re인기있는바카라사이트very of critical metals (Ni, 인기있는바카라사이트, and Li)
• 인기있는바카라사이트st Efficiency vs. 인기있는바카라사이트mmon Processes: 55% lower CAPEX, 45% lower plant footprint, 60% lower reagents/utilities and 52% lower 인기있는바카라사이트₂ emiss인기있는바카라사이트s
• Environmentally friendly: zero liquid discharge, no toxic solid/gas/liquid waste

SHARP has been successfully scaled up, and its products have undergone rigorous evaluation. Results demonstrate that the materials produced perform on par with pristine materials in battery applications, confirming their suitability for high-performance lithium-ion batteries.

Interested investors are en인기있는바카라사이트uraged to 인기있는바카라사이트ntact Tim Challingsworth, Vice President, Strategy and 인기있는바카라사이트rporate Development, at [email protected]. The 인기있는바카라사이트mpany does not anticipate making further public 인기있는바카라사이트mments regarding this matter until a material development occurs.